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How should central banks respond to the impending climate crisis?

5:00pm to 7:00pm
SOAS University of London, 10 Thornhaugh Street, London, WC1H 0XG,, United Kingdom
Free
Green finance

This event is jointly organised by the Climate Bonds Initiative and the SOAS Centre for Sustainable Finance. 

The Fridays for Future protests and the Extinction Rebellion have underscored the great urgency in addressing the climate crisis and the inadequacy of the public policy response to climate change to date. Over recent years, a growing number of central banks and financial supervisors have recognised the vital role they need to play in addressing physical and transitional risk that may undermine financial stability. However, some have argued that central banks need to be much bolder and go beyond climate stress testing and promoting climate-related financial disclosure.

In this panel, leading central bankers and thinkers will discuss the role of central banks in greening the financial system and fostering a low-carbon transition. The discussion will address the room current mandates provide central banks for tackling the climate challenge, whether the urgency of the situation would require an extension of mandates, and tools that could and should be employed.

 

Event contact:

Dr Ulrich Volz
Head of Department of Economics and Reader in Economics
Director, SOAS Centre for Sustainable Finance
SOAS University of London
Thornhaugh Street, Russell Square, London WC1H 0XG, UK
T: +44 (0)207 898 4721
Email: [email protected]

 

Venue accessibility:

  • Accessible toilet
  • Suitable for wheelchair users or people with mobility impairments
  • Step free access
  • Accessible parking
  • Assistance dogs welcome
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